83
83
Feb 8, 2013
02/13
by
KQED
tv
eye 83
favorite 0
quote 0
the fight over how much the eu spins and on what continues -- the fight over how much the eu spends and done what continues. >> a shocking discovery ford u.k. consumers. a brand of ready-made lasagna contained horse meat rather than beef. the manufacturers withdrew it on monday but say they do not believe there is not a -- they do not believe there is a safety problem. the eating of horse meat is quite a taboo. a member of the u.s. commerce community faces a long prison sentence for his role in a series of attacks in which victims hair and beards were forcibly cut off -- a member of the u.s. amish community. he and 15 members of his breakaway group were found guilty of five hate crimes in the american state of ohio. heavy snowfall started in the northeast of the united states. it is the beginning of what is predicted to be a massive, even historic, a blizzard. people have been stocking up on food and other supplies ahead of the storm, which is poised to dump up to a meter of snow from new york city to boston and beyond. the parents of a teenage girl shot dead days after appearing at pre
the fight over how much the eu spins and on what continues -- the fight over how much the eu spends and done what continues. >> a shocking discovery ford u.k. consumers. a brand of ready-made lasagna contained horse meat rather than beef. the manufacturers withdrew it on monday but say they do not believe there is not a -- they do not believe there is a safety problem. the eating of horse meat is quite a taboo. a member of the u.s. commerce community faces a long prison sentence for his...
71
71
Feb 26, 2013
02/13
by
FOXNEWSW
tv
eye 71
favorite 0
quote 0
they're no longer worried, i think about our economy being overwhelmed, either by europe at large, the eu or china somehow swallowing up here bit of innovation that exists in the world and they're no longer, i think, worried about our, our economy being overwelcomed beyond our shores. but, and i don't think there's no, there is he' very little doubt in any circles out there. about america's ability to be in a position to lead the world in the 21st century, not only in terms of our foreign policy, our incredible defense establishment, but economically. >> governor, fewer americans are working, the last quarter the economy just contracted and we've got 50 million americans on food stamps and 6 trillion in new debt. and what alternate university is crazy uncle joe living in here? >> let's just say i wouldn't characterize it the way he said it. the fact of the matter is that most american families have done worse in the obama, quote, recovery than they did during the the recession. and median family income went down $1500 during the the recession itself, and then went down another $2500 durin
they're no longer worried, i think about our economy being overwhelmed, either by europe at large, the eu or china somehow swallowing up here bit of innovation that exists in the world and they're no longer, i think, worried about our, our economy being overwelcomed beyond our shores. but, and i don't think there's no, there is he' very little doubt in any circles out there. about america's ability to be in a position to lead the world in the 21st century, not only in terms of our foreign...
131
131
Feb 8, 2013
02/13
by
CNBC
tv
eye 131
favorite 0
quote 0
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut. arguably, we can walk away and say we got what we asked for. the question is what happens with the eu contributions? do we still walk away with our rebates, too? we are starting to see information filtering through now. the italians on a growth income national basis, they're the highest contributors. they're probably happy with the latest contribution. the dutch are set to lose a third of their rebate. so the question is, in this tit for tat world that we have here in brussels, what would appease them? they have been arguing for cuts to the
the eu budgets, 1% more, 1% less. i think what does matter is that they take home a victory from brussels saying we have austerity here. it gets them a few points in the uk prep. but beyond that, i'm not quite sure how much impact it will have on the european economy. >> okay. stay there. julia is ready, as well. julia, is this a victory for the british prime minister? >> well, it's interesting, isn't it? if we get an eu budget of 960 billion euros, then yes, it's a long-term cut....
245
245
Feb 8, 2013
02/13
by
KICU
tv
eye 245
favorite 0
quote 0
with the eu summit happening, is the risk back on? > > you know, the market itself, in levels, is really in consolidation. the euro currency had a big sell-off yesterday, and everybody wants to blame it on what the new policy is. how since the euro currency was up 9%, that it was entitled to a .75% sell-off. i think you want to be looking to short the euro and short europe. that is where i would be looking to trade. > todd, good to have you on the show this morning. we have more on europe coming up in the show. > > have a great day. it may be called the chicago auto show, but this year it's become "year of the truck." as our cover story explains, the reason is the rebound that's beginning to happen in the housing market. ram trucks highlighted its eight-speed and 25 miles per gallon on the highway pickup, as well as its truck-based new entry into the commercial van market. why so many brawny vehicles? "the housing market is getting better and sales are directly tied to housing starts." "if housing goes up, the construction guys will n
with the eu summit happening, is the risk back on? > > you know, the market itself, in levels, is really in consolidation. the euro currency had a big sell-off yesterday, and everybody wants to blame it on what the new policy is. how since the euro currency was up 9%, that it was entitled to a .75% sell-off. i think you want to be looking to short the euro and short europe. that is where i would be looking to trade. > todd, good to have you on the show this morning. we have more on...
92
92
Feb 25, 2013
02/13
by
FOXNEWSW
tv
eye 92
favorite 0
quote 0
hagel refused to sign a letter that asked the eu to declare hezbollah a designated terrorist group. he doesn't want to dictate foreign policy. the fact of the matter is members of congress who enact the legislation determining that it's illegal to provide support for terrorist groups like hezbollah and hamas and hagel said we need not to go at this alone and cross border support to defeat hamas and it's extremely troubling that the so-called future, perhaps future secretary of defense refuses to work across the pond, to ensure the safety of america. >> at a time when we are, remember, the netanyahu speech before the u.n. and showing the red and the bomb and tipping point. at a time when we have israel making real warnings about iran getting nukes and what israel would do in response this is the guy heading up the pentagon and obviously israel will want our help if they find themselves in an armed conflict with iran. what are the stakes for israel in seeing hagel? president obama is going to set that policy not hagel, right? but he's got some independent power. >> well, look, the que
hagel refused to sign a letter that asked the eu to declare hezbollah a designated terrorist group. he doesn't want to dictate foreign policy. the fact of the matter is members of congress who enact the legislation determining that it's illegal to provide support for terrorist groups like hezbollah and hamas and hagel said we need not to go at this alone and cross border support to defeat hamas and it's extremely troubling that the so-called future, perhaps future secretary of defense refuses...
176
176
Feb 22, 2013
02/13
by
CNBC
tv
eye 176
favorite 0
quote 0
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back markets in italy. hans, as we edge closer to that event, polls open sunday and they close on monday. we've seen the two-day sell off. is it related to the outcome here? >> well, i think the italian election has had an impact on market performance for the past few weeks. i guess that markets became much more cautious in investing in the debt market in italy and maybe as well as the debt market in spain, the cause of the potential inflation risk here. now, if we are getting an election result which markets may like, then the very clear majority left and under those circums
we'll get a check on europe's growth process spengts for the eu forecast. we'll head live to brussels for a live press conference. in other news, boeing is set to unveil a plan to help its troubled dreamliner to take flight today. and we're rolling out the red carpet. we'll head to tinsel town to the biggest night in hollywood. find out which films are tipped to win big at this year's oscars. fears are mounting that an inconclusive election this weekend could undermine the euro and set back...
97
97
Feb 14, 2013
02/13
by
FBC
tv
eye 97
favorite 0
quote 0
they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties. they are worried about treaty protection. also, the big and run that is being talked about at the eu is that traders that assess this tax and do the trades outside that zone, those companies will not be allowed to do any trade transactions with those 11 countries whatsoever. this is serious breaking news for investors all over the world. connell: this would hit regular investors. liz: yes, if they have international investors. this would be collected from investors around the world. it is basically an overreach. that is what they are upset about. they are
they are sending it to the eu. they sent it late yesterday. eleven countries are moving to the tobin tax. it is a 0.1% tax that would hit your 401(k)s. it is a blistering letter. you have to stop this tobin packs and it tracks. it will increase trading costs. it will diminish liquidity. it is a job killer. they also say they did not want a similar type of tax because it will kill jobs. the eu right now is in depression. it is in serious need of revenue. it will violate international treaties....
274
274
Feb 24, 2013
02/13
by
KGO
tv
eye 274
favorite 0
quote 0
bulgaria is now going to the eu to try to get at least some tougher sanctions on hezbollah through iran because of their attempt -- they attempted to kill the saudi ambassador in washingt washington, d.c. >> if the president means what he has said repeatedly and clearly, nuclear iran means war with the united states. the president has said that he does not endorse containment of iran. they will not have, he said, nuclear weapons. if they cross that threshold, there must be some red line somewhere that means war with iran. >> i mean, there are other options to war. >> i think the worst possible scenario would be a nuclear-armed iran, i think that has to be stopped. by any and all measures. >> which the president has pledged to do. >> which he has. i think we need to work in consultation with our european allies to make sure that that doesn't happen. they have been bad players straight-on. they're not negotiating in my opinion in good faith. i think we have to understand that. >> the real question is, what to do? we can talk about this until we're blue in the face. which we have done for
bulgaria is now going to the eu to try to get at least some tougher sanctions on hezbollah through iran because of their attempt -- they attempted to kill the saudi ambassador in washingt washington, d.c. >> if the president means what he has said repeatedly and clearly, nuclear iran means war with the united states. the president has said that he does not endorse containment of iran. they will not have, he said, nuclear weapons. if they cross that threshold, there must be some red line...
64
64
Feb 22, 2013
02/13
by
CNBC
tv
eye 64
favorite 0
quote 0
they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market has absorbed that switch. >> giving you their analysis of those signs in a moment. but first, let's focus on the price action we have heading into the weekend. bob pisani has that. >> remember we started falling apart when we had the fed minutes at 2:00 p.m. wednesday. that's when the market changed and it changed around when bullard said they would stay for a long time. i think bernanke will imply that next week in his testimony. take a look at the dow. this is what you saw throughout january into february, up until wednesday. slow melt up into the afternoon again. starting to get close to the hi
they say you will barely grow for the whole of the 27 nation eu. they will contract again in 2013. sign number three provided by the federal reserve bank of st. louis, james bullard today on squawk box. >> it is very easy and it will stay easy for a long time. i think policy is much easier than it was last year because i think that the outright purchases are more potent tool than the twist program was, and we replaced the twist program with the outright purchases. i don't think the market...
271
271
Feb 10, 2013
02/13
by
KNTV
tv
eye 271
favorite 0
quote 0
a couple of bathroom breaks later, notre dame win eus it. 104-101. >> back in 1981. cincinnati and bradley took it to seven overtimes. >> not bad. >> five overtimes when they had seven. >> they're saying they're tied after five. >> jenna, thanks. >>> bill karins is killing in this morning. he has a look at the weather forecast. al hinted we have more. >> another storm coming in the midwest. 8 to 12 inches are coming. sounds like a flurry compared to what we just got done with. aberdeen, sioux falls, north platte. we had tornado warnings in the last couple hours outside dallas. we haven't had any reports of any damage. little rock, wet weather too. 6 to 12 >>> good morning. cold start to your sunday. look at these low 30s in the north bay, east bay, even down towards morgan hill. we'veot clear skies, and kind of a northerly wind component to our weather today, which is helping to keep the clear skies, but also giving us chilly mornings. nice temperature recovery today, low 60s. as we pass the middle part of the week, daytime highs climbing up to 60s, near 70. >> we'll
a couple of bathroom breaks later, notre dame win eus it. 104-101. >> back in 1981. cincinnati and bradley took it to seven overtimes. >> not bad. >> five overtimes when they had seven. >> they're saying they're tied after five. >> jenna, thanks. >>> bill karins is killing in this morning. he has a look at the weather forecast. al hinted we have more. >> another storm coming in the midwest. 8 to 12 inches are coming. sounds like a flurry compared to...
119
119
Feb 25, 2013
02/13
by
CSPAN
tv
eye 119
favorite 0
quote 0
-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is our largest export partner. europe is china's largest export your. china is our fastest growing export partner. if europe goes into the can, the whole triangle goes in the can. that is a bad idea. this would be huge on both sides of the pond. there are a lot of big trade agreements that have been talked about for a long time. these would put cash on the table right now. it is important that we welcome global investment. we want people to bring their cash here. come here and invest or come here and visit. tourism is a great way. we like that. most people do not understand how many jobs that
-eu trade ownership. we could not agree more. let's hurry up and put american business to work. let's get these deals done. by the way, it is not just about asia. it includes all the coasts of the united states and canada and america. it is fascinating. we need to get this going and move that european deal. the working group is about to put out a report. i think it will probably sustain the best teams we can think about. let me give you this in a minute. europe is in a slow economy. europe is...
237
237
Feb 4, 2013
02/13
by
CNBC
tv
eye 237
favorite 0
quote 0
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've seen at the moment is we live on the principal hope that the eurozone might grow itself or stabilize itself out of the crisis, a far cry yet for spain, but the latest refinancing operation in the various eurozone countries, including at the short end of the range for spain looks like a bit of relief. no relief in terms of the actual solving of the problems, but we'll hear none of that tonight. >> as we've learned, that's often the case with these situations. sylvia, thanks very much for that. tina fordham is still with us. from your point of view, how important is today's meeting? how important b
we've got another eu summit in march, which is not -- which is not ear marked, of course, as a budget meeting, but i daresay we will trickle along nicely or unnicely until finally they reach an agreement on the next budget. in terms of the eurozone debt crisis, of course, that's the other point of discussion. at the moment, there's a little bit of cautious shoulder padd g padding, but it will be a bit more cautious because of the aforementioned festering crisis in spain. obviously, what we've...
79
79
Feb 22, 2013
02/13
by
CSPAN2
tv
eye 79
favorite 0
quote 0
india eu, yes. i would be, i think remiss if i convey the impression that with our economic relationship with the united states that i was trying to sound -- it's not what i was trying to do, was to say that with all trading partners, inevitably you get involved with the market issues and arguments over one particular aspect of trade or the other. what i was hoping was that since all of america and its need to focus on that, put all these into something like a trade policy forum, separately. by the media, give made substantial improvements. i believe is going to be a meeting in able where hope we'll be able to find -- [inaudible]. we have made a great deal of progress in matters relating to industry, agriculture. and services, napster would make it is certainly getting to a lot of attention. we are conscious that negotiating time and negotiating attention, yet the same set of people who are debating these issues with all the partners. we need to conclude this and we certainly will be looking for a w
india eu, yes. i would be, i think remiss if i convey the impression that with our economic relationship with the united states that i was trying to sound -- it's not what i was trying to do, was to say that with all trading partners, inevitably you get involved with the market issues and arguments over one particular aspect of trade or the other. what i was hoping was that since all of america and its need to focus on that, put all these into something like a trade policy forum, separately. by...
174
174
Feb 4, 2013
02/13
by
CNBC
tv
eye 174
favorite 0
quote 0
you say you're cautious on some of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and felt good, trends were good and the eu kind of put the kibosh on ceo confidence and capital markets activity. i'm concerned about that. >> you seem less worried. >> we're more worried about the u.s. economy. i think what we're seeing now in the marketplace makes sense. we had the megabanks lead the rally late last year. we recently have switched to the regional banks outperforming the megabanks and now we're getting that normal consolidation period which is to be expected. look at the ten-year treasury yield, that's what we say. if above ten for first quarter -- above 2% for first quarter, then earni
you say you're cautious on some of the bulge names in part because of the eu risk is higher in those. how serious do you take a day like today on that front? >> well, our biggest concern really is the continued unstable nature of greece. i think spain and italy will be fine as long as greece doesn't create a chain reaction, which i think it will. and i'm still very concerned about what is going on there. but as you guys pointed out, you know, you came into early 10, early 11, early 12 and...
109
109
Feb 7, 2013
02/13
by
CNBC
tv
eye 109
favorite 0
quote 0
. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out s&p. there's more to this story, or maybe there isn't. like i said, you can't fight city hall. one guy always fighting the battle keeping us informed about what may or may not be happening in europe is mark brand, southwest securities. mark, you were just listening to mr. draghi, and many of your comments, along with many traders on this floor, everyone was wondering when a big salvo to lower the value of the euro will be emanating from europe to keep up with the japanese. has that day arrived? >> no, the day hasn't arrived ye. i'll tell you what has arrived. the way the eu
. >> now we go into a full eu heads of state summit. it will be interesting to see if that theory about the euro gains further traction. >> let's roll out the red carpet and watch for the arrivals. thanks, simon. let's get to rick santelli in chicago, where we're still talking about your punch bowl this morning, rick. >>> i'll tell you what, it never ceases to amaze me where somebody like mr. rubin could say nobody could have nope, and yet the government singles out...
159
159
tv
eye 159
favorite 0
quote 0
google has been really the focus of this three-year investigation that has been going on in the eu and to its search business there, the dominance of the google search engine. also helping the stock move higher today, brooke, wireless carriers activating a million android devices per day, giving apple a run for its money. >> good for those folks who got in when getting was good in '04. alison kosik, thank you. >>> broad picture, let's talk to jill schlessinger. jill, i knew i liked you. i was reading a piece today where you quoted the grateful dead in talking about the ups and downs of the dow jones. give me that line. >> it has been a long, strange trip. come on, now. just think about this, in the summer of 2007, we first crossed 14,000. and that was well before anyone really, the broad public understood we're about to become sucked into the precipice of disaster by the financial sector. so, of course, 14,000 doesn't feel quite as good this time around and frankly a lot of retail investors have not yet gotten back into the market after these last five or six bruising years, who could
google has been really the focus of this three-year investigation that has been going on in the eu and to its search business there, the dominance of the google search engine. also helping the stock move higher today, brooke, wireless carriers activating a million android devices per day, giving apple a run for its money. >> good for those folks who got in when getting was good in '04. alison kosik, thank you. >>> broad picture, let's talk to jill schlessinger. jill, i knew i...
70
70
Feb 24, 2013
02/13
by
MSNBC
tv
eye 70
favorite 0
quote 0
european countries -- lots of talk in terms of the european financial crisis, the fee future of the eu and the eurozone as well as developments happening in north africa. then as he moves across into the gulf where he'll talk in turkey and to leading gulf nations there, the topics are likely to be syria and also what's happening with respect to iran. there's a very important negotiating meeting this week where the so-called p-5 plus 1 lead negotiators will get together with iranian officials and see if something can be negotiated on iran's nuclear program. >> p.j., i want to ask you also what yesterday was. it marked bradley manning's 1,000th day in custody without a trial. he of course the army private accused of leaking the classified materials to wick leaks. you left the state department after getting in a little bit of hot water after saying the pentagon was treating manning unfairly. three years later, what are your thoughts on him now? >> for a caveat, the formal trial has not begun, but there is a legal proceeding under way, you know, regarding the charges and a potential, you k
european countries -- lots of talk in terms of the european financial crisis, the fee future of the eu and the eurozone as well as developments happening in north africa. then as he moves across into the gulf where he'll talk in turkey and to leading gulf nations there, the topics are likely to be syria and also what's happening with respect to iran. there's a very important negotiating meeting this week where the so-called p-5 plus 1 lead negotiators will get together with iranian officials...
180
180
Feb 21, 2013
02/13
by
CNBC
tv
eye 180
favorite 0
quote 0
this seems to be one more driven by growth worries coming out of the eu. take a quick look at the damage that's brought in terms of the currency board. the euro over here, there we go, dooits it's down about 0.8%. as for sterling that's also weaker, but just a little bit. the dollar did strengthen significantly after the fed yesterday. everyone is saying it's an overreaction to the fed minutes. we know that what they'ring god is conditions don't stay put. >>> back over here, citi's chairman is not seeking a break-up of the bank. a story in today's wall street journal says michael o'neill was among those encouraging investors not to break up the bank. he is backing abroad cost cutting plans, but exploring a break-up is no longer said to be among his top priorities. >>> and top equity firm sports ing represents tennis players and lots of people including super model giselle bundchen. back in the day owned roger federer. the decision to sell has been driven by the trustee who own tess state of the former ceo and chairman. peemp say it could fetch mother than
this seems to be one more driven by growth worries coming out of the eu. take a quick look at the damage that's brought in terms of the currency board. the euro over here, there we go, dooits it's down about 0.8%. as for sterling that's also weaker, but just a little bit. the dollar did strengthen significantly after the fed yesterday. everyone is saying it's an overreaction to the fed minutes. we know that what they'ring god is conditions don't stay put. >>> back over here, citi's...
516
516
Feb 9, 2013
02/13
by
KTVU
tv
eye 516
favorite 0
quote 0
part uthe :eu(qráion tonight too is cleaning çeverything ou before the new çyear starts. >> fresh çstart. >> get busy. >> ç i zvwill. >> pounding ÷úyour fist there. connectikuu company is taking ] the presidents's átdshooting photograph to a new levól- the new item they have releasedú and why the president is not q the first they zvhave taken aim at. >> first, let's=uqm%for a live zein f the bay myvai%ñtoll plaza. a ymsmooth ride if you are goin (!way. sun is ymout. no major problems to report for youúÑ!but we ymwill of course w < >>> a great view, pa great weekend, bring your ÷újacket. it's a chilly çone out ÷úthere >> zv strong çafter shocks hur the relief htafter shocks çin solomon islands, ça 6.2 rattmu ñwith damage caused ÷úby zvit. the ÷ú÷úafter shocks prevented htstill pthinking pof the ym tragic ways the tsunami come. >> ç nine people were killed the quake, ymthousands have beeú left homeless. new, a ç7.0 quake rattled ÷ú columbia ymand ecuador sending people in tmthe streets. it pwas seven miles the çtown p&-=ñand was zvçfelt i
part uthe :eu(qráion tonight too is cleaning çeverything ou before the new çyear starts. >> fresh çstart. >> get busy. >> ç i zvwill. >> pounding ÷úyour fist there. connectikuu company is taking ] the presidents's átdshooting photograph to a new levól- the new item they have releasedú and why the president is not q the first they zvhave taken aim at. >> first, let's=uqm%for a live zein f the bay myvai%ñtoll plaza. a ymsmooth ride if you are goin...
170
170
Feb 28, 2013
02/13
by
CNBC
tv
eye 170
favorite 0
quote 0
that some kind of special actions, for instance, or giving special job opportunities for -- and the eu commission is already discussing this i think this is something that has to be added, and that, i hope, will also increase the understanding of the population of these countries. >> what do you think about what the bank of japan is doing right now with its policies, really pressuring the yen, that adds pressure, in turn, to the euro, which has pushed higher, versus the yen on these things, the u.s. watches that very closely. what do you think of their policy? >> yes, of course, we do watch it. but i think it's much overblown to speak of the currency war, something like that. what we observe is that the japanese central bank, the japanese government, wants to avoid the deflationary development, which i think makes a lot of sense. so i'm not too much concerned about that. >> so it's not a beggar thy neighbor policy at this point with the central banks around the globe? >> no. if it really leads to higher growth, that is the intention to have, then it's not beggar thy neighbor, then it's
that some kind of special actions, for instance, or giving special job opportunities for -- and the eu commission is already discussing this i think this is something that has to be added, and that, i hope, will also increase the understanding of the population of these countries. >> what do you think about what the bank of japan is doing right now with its policies, really pressuring the yen, that adds pressure, in turn, to the euro, which has pushed higher, versus the yen on these...
161
161
Feb 21, 2013
02/13
by
CSPAN2
tv
eye 161
favorite 0
quote 0
eu emissions are down like 9%. but chinese emissions are up 30%. look at, look at where the coal is being burned. i think in five years india is supposed to become the second largest burner of coal right behind china. so the global picture on emissions is, if the national one wasn't enough to make you cry, i mean, just sort of think globally as sort of where we're going, you know? so, that's the crying part. and you asked me bright spots so. i mean there actually are, there actually are some, relax, i mean, the news, car standards that were just promulgated will double fuel economy by 2020 five. california is moving ahead and i think is a real bright spot. rggi is strengthening their targets. that's a bright spot. the cap-and-trade in australia looks like, i mean, who knows, another government might fall over their program here but it's a bright spot. they have got a plan. they have got a program. south korea is thinking about instituting emissions trading. china has seven sort of experiments around the country looking at emissions trading. so you
eu emissions are down like 9%. but chinese emissions are up 30%. look at, look at where the coal is being burned. i think in five years india is supposed to become the second largest burner of coal right behind china. so the global picture on emissions is, if the national one wasn't enough to make you cry, i mean, just sort of think globally as sort of where we're going, you know? so, that's the crying part. and you asked me bright spots so. i mean there actually are, there actually are some,...
170
170
Feb 26, 2013
02/13
by
CNBC
tv
eye 170
favorite 0
quote 0
reforms going, getting some -- doing some of the things necessary to live up to their commitment to the eu. does this throw a wrench into the works? >> i think we should be thinking about it. the somewhat untold story is that -- >> you heard of this guy before this? >> absolutely. >> was he funny. >> he's funny. it would be a little bit like -- >> jackie mason? >> no -- >> seinfeld. >> robin williams or somebody. he was big in the '80s this guy. he also has been a big part of the political satire, all the rest of it. very, very bright guy. but you know, it's almost an a listic party. it's july real just truly a protest vote. to my knowledge it's gotten over 25% of the vote, the latest thing i've seen. monti is the best of the best. i honestly believe that is one of the, you know, on democracies it's easier to give stuff away. >> two years ago he had just started and i asked why are these pictures of monti in a beach chair. and they all said send monti to the beach. that was two years ago. >> yeah, he's only been in there a group -- grillo is moving. five-star movement is only three years o
reforms going, getting some -- doing some of the things necessary to live up to their commitment to the eu. does this throw a wrench into the works? >> i think we should be thinking about it. the somewhat untold story is that -- >> you heard of this guy before this? >> absolutely. >> was he funny. >> he's funny. it would be a little bit like -- >> jackie mason? >> no -- >> seinfeld. >> robin williams or somebody. he was big in the '80s this...